A cybersecurity expert has warned that Bitcoin’s (BTC) underlying security could be compromised in the coming years by quantum computers, amid ongoing advancements in the sector. According to David Carvalho, CEO and Chief Scientist at Naoris Protocol, Bitcoin is vulnerable due to its reliance on elliptic-curve cryptography. To this end, he projected that it could take just three to five years for quantum computers to crack this security, he said in an interview with Crypto News. He explained that emerging quantum algorithms, especially Shor’s algorithm, will be able to break Bitcoin’s cryptographic protections in seconds once sufficiently powerful quantum computers are available
source: https://finbold.com/expert-sets-timeline-when-quantum-computers-will-rip-bitcoin-to-shreds/